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2023
Flag → Flag
Exports $42.2kRnk 29 / 90
2023
Flag → Flag
Top Product $33.4kCollector's Items
2023
Flag → Flag
Exports $12.3MRnk 173 / 211
2023
Flag → Flag
Top Product $5.39MCars
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
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 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
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GDP PC$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Bermuda-Japan Trade: In 2023, Bermuda exported $42.2k to Japan. The main products that Bermuda exported to Japan were Collector's Items ($33.4k), Hard Liquor ($4.71k), and Electrical Transformers ($2.34k). Over the past 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 19%, from $121k in 2018 to $42.2k in 2023.

In 2023, Bermuda did not export any services to Japan.

Japan-Bermuda Trade: In 2023, Japan exported $12.3M to Bermuda. The main products that Japan exported to Bermuda were Cars ($5.39M), Delivery Trucks ($2.98M), and Spark-Ignition Engines ($1.33M). Over the past 5 years the exports of Japan to Bermuda have increased at an annualized rate of 4.95%,  from $9.67M in 2018 to $12.3M in 2023.

In 2023, Japan did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $42.2k to Japan. The main products exported from Bermuda to Japan were Collector's Items ($33.4k), Hard Liquor ($4.71k), and Electrical Transformers ($2.34k). During the last 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 19%, from $121k in 2018 to $42.2k in 2023.

In 2018, Japan exported $12.3M to Bermuda. The main products exported from Japan to Bermuda were Cars ($5.39M), Delivery Trucks ($2.98M), and Spark-Ignition Engines ($1.33M). During the last 5 years the exports of Japan to Bermuda have increased at an annualized rate of 4.95%, from $9.67M in 2023 to $12.3M in 2018.

Exports from Bermuda (Flag) to Japan (Flag) (2023)

Exports from Japan (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and Japan (Flag)

Bermuda Exports

Japan Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Japan
Top DestinationUnited States$143B

This map shows whether countries import more from Bermuda or Japan. Each country is colored based on the difference in imports they receive from Bermuda and Japan or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Bermuda than from Japan.

In 2023, countries that imported more from Japan than Bermuda included United States ($143B), China ($138B), and Chinese Taipei ($43B).

Difference in imports from Japan (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Japan

Flow
Scale

This chart compares trade between Bermuda and Japan by product, considering products traded by both, Bermuda and Japan.

During 2023, Bermuda had a large net trade with Japan in the exports of Arts and Antiques ($33.4k), Foodstuffs ($4.71k), and Machines ($4.03k).

During 2018, Japan had a large net trade with Bermuda in the exports of Transportation ($9.65M), Machines ($2.31M), and Plastics and Rubbers ($169k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bermuda and Japan. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Bermuda.

Product Space of Bermuda (Flag) and Japan (Flag) (2023)

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